Jan 15

Entrepreneur Development Environment

image In recent days I've thought a lot about the conditions that allow entrepreneurial development, and where is the innovation that drives the development, now we are tied to a culture where the mixture of styles and periods be sufficiently prevent creative and innovative as to generate the changes (if painful) that requires a nation.

To achieve sustainable growth, a country must not only focus on domestic consumption, where entrepreneurship is only market products manufactured by others, you must create conditions to promote local creativity, promote policies that create more competition, and effectively competition is the mainstay of the economy. Today we see that most companies are in the hands of a few business groups, where innovation is not the priority (to innovate if it has taken the market?) Is interesting as they have not developed mechanisms to finance local businesses that have potential through venture capital, on the contrary we see every day as private funds left in country and entrepreneurial development as banners close their doors, because it has limited funds and projects that have dynamic characteristics (or potentially dynamics).

In the immediate future ought to develop a Micro Venture Capital market in which a large proportion of the population to take part in projects with clear business model, and would allow investors to part company with explosive growth potential but unfortunately only further invests in retail, and unfortunately do not get value with this type of industry.

To develop an effective entrepreneurial environment should create an environment conducive to entrepreneurship (from the early stages of training), where the integration (effectively) public and private institutions create the conditions for a person with a good idea (with a plan and an effective business model) to develop a business-class regional and global in that other countries in the region are making great strides (Colombia - Brazil), and our country is trapped in small things, and do not resolve issues of greater significance (training, access to financing and other), only to emphasize the low investment in R & D (both public and private) provides a framework which is the orientation of a nation, no doubt we have adopted a successful strategy the past (countercyclical policy) based on the tax savings in a low expenditure growth, but too anchored to the vagaries of primary product exports (copper).

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